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Uptrend Call Working As Harmonic Stock Rises 24.7% (HLIT)

Feb 21, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Harmonic (NASDAQ:HLIT) on November 29th, 2012 at $4.61. In approximately 3 months, Harmonic has returned 24.73% as of today's recent price of $5.75.

In the past 52 weeks, shares of Harmonic have traded between a low of $3.76 and a high of $10.05 and are now at $5.75, which is 53% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.8%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Harmonic shares.Log in and add Harmonic (HLIT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com
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